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SoFi, a mobile-first personal finance company, announced today it has closed over $500 million in equity financing led by Qatar Investment Authority (QIA), which values the company at $4.3 billion.
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· Qatar Investment Authority Leads Over $500 Million Strategic Growth Investment in SoFi Wednesday, 29 May 2019 SAN FRANCISCO–(BUSINESS WIRE)–Qatar Investment Authority (QIA) today announces that it is leading an over 0 million equity financing in SoFi, a mobile-first personal finance company, alongside existing investors and SoFi CEO.
· Fintech SoFi, a company that started as an online lender but now provides a portfolio of services, has closed on a $500 million funding round giving the company a valuation of $4.3 billion.
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· After already raising close to $2 billion over the last couple of years, SoFi has secured another $500 million in funding thanks to Qatar Investment Authority. "According to SoFi, the latest funding values the company at $4.3 billion.
Qatar Investment Authority (QIA) today announces that it is leading an over $500 million equity financing in SoFi, a mobile-first personal finance company, alongside existing investors and SoFi CEO, Anthony Noto. SoFi plans to use the funds to continue to invest in its rapid rate of innovation and growth, fulfilling its mission to help SoFi [.]
SoFi, a mobile-first personal finance company, announced it has closed over $500 million in equity financing led by Qatar Investment Authority (QIA), which values the company at $4.3 billion on a.
Qatar Investment Authority Leads Over $500 Million Strategic Growth Investment in sofi stocks news feed May 29, 2019 BusinessWire – Stock Market News 0 SAN FRANCISCO-( BUSINESS WIRE )-Qatar Investment Authority (QIA) today announces that it is leading an over $500 million equity financing in SoFi, a mobile-first personal finance company.
Qatar Investment Authority (QIA) was founded by the State of Qatar in 2005 to strengthen the country’s economy by diversifying into new asset classes to complement the State’s wealth in natural resources.Headquartered in Doha, the QIA’s mission is to develop, invest and manage the state reserve funds and other property assigned to them by the Supreme Council in accordance with policies,